Posts Covering Real Estate News

Census Bureau: New Home Sales Soar Past Previous Highs

Amid low mortgage rates are rising rents home buyers are snapping up today's new construction at levels not seen since 2007.

What To Know About Buying A Short Sale

You get an average 11 percent discount when buying a short sale. But these homes are not always a good value. Take these steps before making an offer.

Home Builders May Offer Fewer Free Upgrades In 2017

Homebuilder confidence remains strong with low mortgage rates, rising rents, and loosening mortgage guidelines. Builders are signaling to buyers that home prices will climb.

Homes Still Affordable Despite Highest Prices In 9 Years

Home prices hit a 9-year high last quarter, but homes are still affordable to the typical buyer, thanks to ultra-low mortgage rates.

How To Plan For Homeowner Costs You Didn’t Have As A Renter

You can estimate the additional costs of owning a home and budget accordingly to ensure an enjoyable homeownership experience.

NAR: Housing Market Continues Full Force Into Summer

For the 26th straight month, the Pending Home Sales Index bested its benchmark reading of 100. It's no wonder home prices continue to rise nationwide.

Census Bureau: New Homes Sales Rocket On Low Mortgage Rates

Amid low mortgage rates are rising rents home buyers are snapping up today's new construction, but at a slightly slower pace as compared to the month prior.

NAR: First-Time Home Buyers Push Existing Home Sales To 9-Year High

June home sales were strong and home supply remains tight nationwide. Prices are rising, but first-time home buyers are not deterred.

Low-Down Payment Mortgage Loans Boost U.S. Housing Starts

As demand surges, U.S. builders are starting more homes than during any period this decade. Mortgage rates are cheap and low downpayment loans are abundant.

Why Home Builders Are Offering Fewer Free Upgrades

Homebuilder confidence remains strong with the 2016 Housing Market halfway done. Builders are signaling to buyers that home prices will climb.

Young Buyers Take A “Job-Centric” Approach To Home Buying

Young adults are shopping for homes where they are likely to find a job as well. Low mortgage rates make it easier to afford homes in employment-rich areas.

Millennials Are In A Prime Position To Enter The Housing Market

Millennials are saving more than did previous generations. Their forward-looking tendencies are preparing them for homeownership.

Follow This Advice To Buy The Right Home Your First Time

Recent surveys offer advice to new home buyers who want to buy a home that meets all their current and future needs.

Low-Down Payment Loans Boosting U.S. Housing Starts

As demand surges, U.S. builders are starting more homes than during any period this decade. Mortgage rates are cheap and low downpayment loans are abundant.

NAHB: Builders Planning For Best Housing Market In 11 Years

Homebuilder confidence remains strong with the 2016 Housing Market halfway done. Builders are signaling to buyers that home prices will climb.

NAR: Existing Home Sales Count Is Best In Over 100 Months

May home sales were strong and home supply remains tight nationwide. Prices are rising. What low-down payment options do today's buyers have?

New Study: 12 Most Unaffordable U.S. Cities Are All In California

In Q1 2016, the Home Opportunity Index rose to 65.0%. However, this is only because mortgage rates remained low -- and buyers are happy that they did.

Will Homes Be Too Expensive For First-Time Buyers By 2017?

Home affordability rose last quarter because of ultra-low mortgage rates. But home prices are rising. Should you buy today, or wait for next year?

NAR: Today’s Homes Are Selling Super-Fast

Median Days on Market still ultra-low as homes sell in less than a week in many U.S. cities. "You snooze, you lose", as they say. Analysis and commentary.

NAR: 2016 Existing Home Sales Figures Best Since 2007

April home sales were strong and home supply remains tight nationwide. Prices are rising. What low-down payment options do today's buyers have?

2016 Conforming, FHA, & VA Loan Limits

Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)